US Workers Only Receiving A Fraction Of Corporate Tax Cuts

While the Trump administration cut the corporate tax rate from 35% to 21%, only a fraction of the savings has translated to employees’ wallets, according to the Wall Street Journal.  Immediately after the December tax-code overhaul, dozens of companies made high profile commitments to one-time bonuses…

Visualizing How American Household Finances Are Changing

Via VisualCapitalist.com, VISUALIZING SHIFTS IN INCOME, SAVINGS, DEBT, AND SPENDING Courtesy of: Visual Capitalist FROM PEAK TO PEAK In 2007, real median household income had a local peak of $58,149, and then fell off a cliff at the same time as the credit cycle, which…

LedgerX Debuts First Bitcoin Savings Account Licensed By CFTC

Authored by Ana Alexandre  via CoinTelegraph.com, Trading and clearing platform LedgerX has launched a new Bitcoin (BTC) savings product that is licensed by the US Commodities Future Trading Commission (CFTC), Forbes reported May 15. image courtesy of CoinTelegraph The savings product introduced by LedgerX is certified by a CFTC derivatives clearing organization (DCO) license…

No Country For ‘Old White Guys’

After millions of baby boomers lost their life savings during the financial crisis (a catastrophe for which no senior bankers were ever held accountable), more old white men are being forced out of retirement or simply being forced to work until a much later age….

Rosenberg: Household Buying Plans Take A Deep Dive

We previously noted that the personal savings rate has continued to decline, and in the latest month it tumbled from 3.2% to 2.9%, the lowest since November 2007, which as a reminder is one month before the recession started. This incidentally explains the surge in…

Here’s an idea: Cut welfare for illegals and use the savings to build the wall

Besides taxing remittances, using the savings from not having to finance Mexico’s entire welfare caseload is a good way of getting Mexico to pay for the wall. It can be done. VISIT THE SOURCE ARTICLE Here’s an idea: Cut welfare for illegals and use the…